I think a lot of guys dont realize what happened in 2020 and 2021 was a generational event that we'll probably never see happen again in our lifetime.
the absolute best traders in the world have three traits: 1. They are great at finding an edge. 2. They are great at operationalizing that edge. 3. they have balls the size of planets in putting on risk to exploit that edge. Given that every trade has risk, they will lose big every once in a while. But they can live with it because #1 and #2 put the odds so much in their favor they are comfortable with #3.
I would give my left testicle to see a copy of his trade by trade blotter/report for 2022. Would be fascinating to see the symbols that he kept getting stopped out again and again until finally amassing $25m in losses. With entry and exit prices and time/dates.
I found him helpful on T2W. He was an admittedly failed/struggling trader,had a job where he could trade at work,until his breakthrough. His thread on pin bars opened my eyes to candlestick trading.
Where did you see that? He wouldn't be the first trader trying to "catch up" and in the process going even deeper in drawdown.
Yes. I think Kris have said repeatedly that the reason he made it big is that where others may scale down as the account grows he just kept risking the same % growing his bets in relation to his account size. I would also like to think that the best traders tend to be lucky, too.
That's what doesn't feel "right" to me, if he was adjusting his risk from say 80M, all the way down to 55 (-25), what would have been the loss in % with constant risk? 80-90%? If so, then his previous "edge" was fictional/random. IMHO, he may have been doubling down or overriding his own risk control. FWIW. the guy seems ok to me, not too boastful, helpful to others, never (as fas as I know) charged/scammed anyone and dutifully paid his 30% taxes, like a good European I agree that trading successfully is a combination of [money plus] brains, guts and luck.